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Three-Level Downtown Storefront
For Sale
$125,000

16 W Main Street, Marshalltown, IA 50158

COMMERCIAL - Other - Marshalltown, IA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market71

Property Features for 16 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features On Street
Directions On the southwest side of Main Street next to the Christian Book Store.
Standard status Active
APN 8418-35-128-06
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description MARSHALL SUB OF LOTS 1 THRU 3 BLK 15 LOT B BLK 15
Tax Annual Amount 1434
Legal Description MARSHALL SUB OF LOTS 1 THRU 3 BLK 15 LOT B BLK 15

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1880
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Friedrich Realty
Listed By: Connie Mogard
Added: Jun 11 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# 6339263

Copyright © 2026 NoCoast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick storefront building offers three levels with a history of retail use on the main and lower floors. Recent interior work includes refreshed paint, replacement flooring, improved ceiling and wall finishes, and new light fixtures. The upper level has a private exterior entry and includes space described for two offices or bedrooms, a meeting room, and storage.

Constructed in 1880, the property sits on Main Street within Marshalltown’s historic downtown district. Building systems include forced-air heat and public water, while parking is available on the street. The existing arrangement provides a combination of retail, workspace, and storage areas that can be adapted for business, office, residential, or mixed-use purposes as contemplated in the property information.

Key Highlights

  • Three‑level brick storefront building constructed in 1880
  • Located on Main Street in Marshalltown’s historic downtown district
  • Main and lower levels previously served as retail space

Property Analytics

Current Use

Penn Mutual Insurance Agency Wilson Law Firm Real Estate Agency Marshalltown Counseling Center Family Counselor Steiner & Associates Physician Moonstone Wellness LLC Crisis Center

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Cafe & Coffee Shop Restaurant Electrical Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,134
Businesses Nearby
Under-served
Demand for This Use

Demographics for 50158, IA

31,466
Population
12,614
Households
2.5
Avg Household Size
38
Median Age
21%
College-Educated
84%
High-School Grad
212.2 sq mi
ZIP Area
148
Density / Sq Mi
$71,212
Median Household Income
$40,437
Median Earnings
$865
Median Rent
$130,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Lowe's Flowers, LLC 212 S 3rd St, Marshalltown, IA 50158

Frequently Asked Questions

What type of property is this?
Storefront property - Updated interior finishes and a separately accessed upper level support flexible commercial or office configurations.
Where is this storefront property located?
The property is located at 16 W Main Street Marshalltown, IA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Three‑level brick storefront building constructed in 1880; Located on Main Street in Marshalltown’s historic downtown district; Main and lower levels previously served as retail space
More about this property
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